L&T bags order from Rajasthan govt

According to L&T’s project classification, the value of the order falls between Rs 1,000-2,500 crore.

PTI
May 13, 2022 / 02:29 PM IST

Larsen & Toubro: The engineering & infrastructure major reported a 10 percent year-on-year growth in profit at Rs 3,621 crore in the quarter ended March 2022, with revenue rising 10 percent to Rs 52,851 crore and EBITDA climbing 2.1 percent to Rs 6,520.5 crore compared to year-ago period. Order inflow grew by 46 percent YoY to Rs 73,941 crore in Q4FY22.

 
 
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Larsen & Toubro (L&T) on Friday said it has bagged a significant order from the Rajasthan government for executing a parallel carrier system to the Rajiv Gandhi Lined Canal. According to L&T’s project classification, the value of the order falls between Rs 1,000-2,500 crore.

The project will serve the water demands of districts of Jodhpur, Pali and Barmer and also supply raw water to Delhi Mumbai Industrial Corridor and Rajasthan State Industrial Development Investment Corporation Ltd (RIICO).

"The water and effluent treatment business of L& T Construction has secured a design and build order from Public Health Engineering Department, Jodhpur Rajasthan to execute a Parallel Carrier System to the Rajiv Gandhi Lined Canal (RGLC Phase Ill) on a single point responsibility basis," the company said in a statement.

The scope of work under the project includes 213 kilometre of raw water mild steel transmission mains, four pump houses along with associated electrical works. L&T is an Indian multinational engaged in engineering, procurement, and construction projects, hi-tech manufacturing and services.

The company operates in over 50 nations across the world. L&T is an Indian multinational engaged in engineering, procurement, and construction projects, hi-tech manufacturing and services.



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PTI
Tags: #Business #Companies #Larsen & Toubro
first published: May 13, 2022 02:28 pm